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Orocobre Limited Results Of General Meeting

BRISBANE, Australia , Feb. 26, 2018 /CNW/ -- Orocobre Limited (ASX: ORE, TSX: ORL )("Orocobre" or "the Company") wishes to announce that all resolutions were passed as ordinary resolutions following a the General Meeting held on 26 February 2018 .

Details of the votes cast are as follows:

Resolution

For

Against

Abstain

1. That for the purposes of Listing Rule 7.4, and for all other purposes, Shareholders ratify and approve the previous allotment and issue of 31,228,010 Shares at an issue price of $7.50 per Share to TTC as described in the Explanatory Statement.

82,591,660

(97.41%)

1,987,033

(2.35%)

10,953,521

2. That for the purposes of Listing Rule 7.1, and for all other purposes, approval is given for the Company to issue 6,316,910 Shares at an issue price of $7.50 to TTC in accordance with the terms described in the Explanatory Statement.

About Orocobre Limited Orocobre Limited (Orocobre) is a dynamic global lithium carbonate supplier and an established producer of boron. Orocobre is dual listed on the Australia and Toronto Stock Exchanges (ORE.AX), (ORL.TO). Orocobre's operations include its Olaroz Lithium Facility in Northern Argentina , Borax Argentina, an established Argentine boron minerals and refined chemicals producer and a 35% interest in Advantage Lithium.